INGR
Ingredion Incorporated
NYSE: INGR · CONSUMER DEFENSIVE · PACKAGED FOODS
$111.71
-1.15% today
Updated 2026-04-29
Market cap
$7.04B
P/E ratio
9.99
P/S ratio
0.98x
EPS (TTM)
$11.18
Dividend yield
2.87%
52W range
$101 – $138
Volume
0.6M
Ingredion Incorporated (INGR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.62B | $3.39B | $3.94B | $3.67B | $4.37B | $6.22B | $6.87B | $6.65B | $6.00B | $5.96B | $6.02B | $6.18B | $6.29B | $6.21B | $5.99B | $6.89B | $7.95B | $8.16B | $7.43B | $7.22B |
| Revenue growth (YoY) | — | +29.4% | +16.3% | -6.9% | +18.9% | +42.4% | +10.4% | -3.1% | -9.8% | -0.7% | +1.1% | +2.6% | +1.8% | -1.3% | -3.6% | +15.1% | +15.3% | +2.7% | -8.9% | -2.8% |
| Cost of revenue | $2.21B | $2.81B | $3.24B | $3.15B | $3.91B | $5.42B | $5.63B | $5.52B | $4.88B | $4.72B | $4.68B | $4.77B | $4.92B | $4.90B | $4.71B | $5.56B | $6.45B | $6.41B | $5.64B | $5.39B |
| Gross profit | $416.00M | $586.00M | $705.00M | $520.00M | $724.00M | $1.13B | $1.24B | $1.13B | $1.11B | $1.24B | $1.40B | $1.47B | $1.37B | $1.31B | $1.27B | $1.33B | $1.49B | $1.75B | $1.79B | $1.83B |
| Gross margin | 15.9% | 17.3% | 17.9% | 14.2% | 16.6% | 18.1% | 18.0% | 17.0% | 18.6% | 20.8% | 23.3% | 23.8% | 21.8% | 21.1% | 21.2% | 19.3% | 18.8% | 21.4% | 24.1% | 25.3% |
| R&D | — | — | — | — | $0.00 | $29.00M | $37.00M | $37.00M | $37.00M | $43.00M | $41.00M | $43.00M | $46.00M | $44.00M | $43.00M | $43.00M | $52.00M | $63.00M | $67.00M | — |
| SG&A | $202.00M | $249.00M | $275.00M | $247.00M | $370.00M | $543.00M | $556.00M | $534.00M | $525.00M | $555.00M | $579.00M | $610.00M | $607.00M | $611.00M | — | — | — | — | — | — |
| Operating income | $224.00M | $347.00M | $434.00M | $153.00M | $339.00M | $671.00M | $668.00M | $613.00M | $581.00M | $660.00M | $806.00M | $836.00M | $703.00M | $664.00M | $582.00M | $310.00M | $762.00M | $957.00M | $883.00M | $1.01B |
| Operating margin | 8.5% | 10.2% | 11.0% | 4.2% | 7.8% | 10.8% | 9.7% | 9.2% | 9.7% | 11.1% | 13.4% | 13.5% | 11.2% | 10.7% | 9.7% | 4.5% | 9.6% | 11.7% | 11.9% | 14.0% |
| EBITDA | $338.00M | $480.00M | $576.00M | $278.00M | $498.00M | $885.00M | $889.00M | $815.00M | $788.00M | $862.00M | $1.01B | $1.06B | $949.00M | $883.00M | $800.00M | $542.00M | $982.00M | $1.17B | $1.18B | $1.23B |
| EBITDA margin | 12.9% | 14.2% | 14.6% | 7.6% | 11.4% | 14.2% | 12.9% | 12.2% | 13.1% | 14.5% | 16.8% | 17.1% | 15.1% | 14.2% | 13.4% | 7.9% | 12.4% | 14.4% | 15.9% | 17.1% |
| EBIT | $224.00M | $355.00M | $448.00M | $148.00M | $343.00M | $674.00M | $678.00M | $621.00M | $593.00M | $668.00M | $815.00M | $848.00M | $702.00M | $663.00M | $587.00M | $322.00M | $767.00M | $953.00M | $970.00M | $1.01B |
| Interest expense | $31.00M | $47.00M | $43.00M | $37.60M | $64.00M | $77.40M | $77.00M | $74.00M | $73.00M | $69.00M | $73.00M | $79.00M | $81.00M | $88.00M | $81.00M | $74.00M | $99.00M | $114.00M | $39.00M | $37.00M |
| Income tax | $69.00M | $102.00M | $129.60M | $68.50M | $99.40M | $170.60M | $167.30M | $144.00M | $156.80M | $186.90M | $245.70M | $237.00M | $167.00M | $158.00M | $152.00M | $123.00M | $166.00M | $188.00M | $277.00M | $238.00M |
| Effective tax rate | 35.8% | 34.0% | 32.7% | 62.5% | 37.0% | 29.1% | 28.1% | 26.7% | 30.6% | 31.7% | 33.6% | 31.3% | 27.4% | 27.7% | 30.4% | 51.2% | 25.2% | 22.6% | 30.0% | 24.6% |
| Net income | $124.00M | $198.00M | $267.20M | $41.10M | $169.20M | $415.70M | $427.50M | $395.70M | $354.90M | $402.20M | $484.90M | $519.00M | $443.00M | $413.00M | $348.00M | $117.00M | $492.00M | $643.00M | $647.00M | $729.00M |
| Net income growth (YoY) | — | +59.7% | +34.9% | -84.6% | +311.7% | +145.7% | +2.8% | -7.4% | -10.3% | +13.3% | +20.6% | +7.0% | -14.6% | -6.8% | -15.7% | -66.4% | +320.5% | +30.7% | +0.6% | +12.7% |
| Profit margin | 4.7% | 5.8% | 6.8% | 1.1% | 3.9% | 6.7% | 6.2% | 5.9% | 5.9% | 6.8% | 8.1% | 8.4% | 7.0% | 6.7% | 5.8% | 1.7% | 6.2% | 7.9% | 8.7% | 10.1% |